Fabrinet vs Orion Office REIT Inc — how do they compare? Fabrinet trades at $459.82 (market cap $17.44B), while Orion Office REIT Inc trades at $2.69 (market cap $151.17M). The key difference: Fabrinet is far larger — about 115.4× Orion Office REIT Inc's market cap, and Orion Office REIT Inc pays a 3.01% dividend while Fabrinet pays none. Which is the better fit depends on your goals.
| FN | ONL | |
|---|---|---|
Market Cap | $17.44B | $151.17M |
Sector | Technology | Real Estate |
52-Week High | $746.47 | $3.04 |
52-Week Low | $277.04 | $1.93 |
Enterprise Value | $16.50B | $634.82M |
Dividend Yield | — | 3.01% |
Signals from Pluang's Aura AI — not financial advice
Fabrinet (FN) trades at $460.16, down 4.69% with a bearish technical signal despite strong fundamentals. The company reported consistent earnings beats with Q1 2026 EPS of $3.72 exceeding expectations, driven by 39% YoY revenue growth in optical communications. Analyst consensus remains strongly bullish with 18 buy ratings and a $733 price target, though technical indicators show selling pressure with support at $448.
The outlook remains positive given Fabrinet's strategic position in AI infrastructure and optical communications, with projected revenue growth to $4.2B in 2026. Key risks include premium valuation multiples and supply chain constraints, but the debt-free balance sheet and expanding margins support long-term growth potential in the AI-driven data center market.
ONL trades at $2.695, up 1.32% with a bearish technical signal. The REIT shows declining revenue from $208M in 2022 to $148M in 2025 and persistent net losses, with a -98.36% net margin. However, positive cash flow from operations and a strategic review with Wells Fargo and JPMorgan provide some optimism. Analyst sentiment is split evenly between Buy and Hold recommendations.
The outlook is challenged by fundamental weakness but supported by balance sheet management efforts. Investment opportunity lies in the potential outcome of the strategic review and portfolio repositioning. Key risks include continued revenue erosion, high debt levels, and negative funds from distribution amid significant capital expenditures.
Trailing returns across standard periods
Latest headlines on both assets
Fabrinet provides advanced optical and electromechanical manufacturing services to original equipment manufacturers. It specializes in complex products for telecom, automotive, and medical industries.
Read more on FN →Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients.
Read more on ONL →